IHDG Options History — August 2024

In August 2024, IHDG traded between $42.36 and $46.34. ATM implied volatility averaged 37.2%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 17.3% (HV 20d: 20.0%). Max pain ranged from $46.00 to $47.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-08-19: Highest Volume — 3 contracts
2024-08-14: Largest IV drop — 66.5% change
2024-08-06: Highest IV Rank — 60.0%
2024-08-06: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.81	$42.36	$46.34	$44.67	$46.34
Max Pain	$46.82	$46.00	$47.00	$46.00	$47.00
ATM IV	37.2%	22.8%	76.0%	33.7%	28.5%
Expected Move	7.9%	6.5%	11.5%	9.7%	8.2%
HV 20d	20.0%	14.6%	21.8%	15.8%	14.6%
HV 60d	14.3%	11.5%	15.0%	11.5%	14.6%
IV Rank	25.7%	13.0%	60.0%	22.6%	18.0%
IV Percentile	47.5%	6.7%	97.6%	50.8%	42.9%
Term Structure	-5.6%	-13.3%	5.8%	-11.7%	-5.6%
VWIV	23.4%	23.4%	23.4%	23.4%	23.4%
Skew 25d	3.5%	-6.6%	21.6%	-2.4%	1.2%
Skew 10d	8.2%	-10.1%	30.1%	-0.4%	10.0%
Call IV 25d	29.3%	11.0%	49.9%	43.7%	33.4%
Put IV 25d	32.8%	28.4%	44.6%	41.3%	34.6%
Bid-Ask Spread %	178.66	169.14	193.39	169.14	175.53
Gamma HHI	0.82	0.62	1.00	0.63	1.00
Net GEX	763	279	995	809	981
Net DEX	-8.0K	-11.1K	-3.9K	-8.2K	-11.1K
Net VEX	-33	-41	-25	-36	-38
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.136	0	3	0	0
Total OI	4.864	2	5	5	5

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2024-08-01	$44.67	$46.00	33.7%	9.7%	15.8%	22.6%	0.0%	-2.4%	-11.7%	809	-8.2K	-36	169.14	N/A	N/A	0	5
2024-08-02	$43.47	$46.00	38.3%	11.0%	18.1%	26.7%	0.0%	-2.9%	-13.3%	648	-6.4K	-32	169.54	N/A	N/A	0	5
2024-08-05	$42.36	$0.00	62.5%	10.0%	19.9%	48.0%	0.0%	-4.9%	-9.5%	464	-6.3K	-29	183.47	N/A	N/A	0	5
2024-08-06	$42.81	$0.00	76.0%	11.5%	20.5%	60.0%	0.0%	-6.6%	-13.0%	473	-7.1K	-31	193.39	N/A	N/A	0	5
2024-08-07	$43.06	$0.00	44.5%	7.2%	19.8%	32.2%	0.0%	-0.2%	-4.5%	596	-5.8K	-29	177.39	N/A	N/A	0	5
2024-08-08	$43.84	$0.00	61.7%	9.2%	21.2%	47.4%	0.0%	0.8%	-4.9%	603	-7.6K	-31	191.30	N/A	N/A	0	5
2024-08-09	$43.89	$0.00	45.8%	6.8%	20.9%	33.3%	0.0%	0.9%	-4.3%	730	-6.5K	-29	178.31	N/A	N/A	0	5
2024-08-12	$43.81	$0.00	59.2%	6.9%	20.7%	45.1%	0.0%	0.3%	-4.1%	721	-6.3K	-27	178.93	N/A	N/A	0	5
2024-08-13	$44.38	$0.00	70.1%	8.1%	21.3%	54.8%	0.0%	0.5%	-12.2%	798	-7.2K	-28	178.96	N/A	N/A	0	5
2024-08-14	$44.61	$0.00	23.5%	6.7%	20.9%	13.6%	0.0%	0.3%	-4.7%	843	-7.5K	-27	178.96	N/A	N/A	0	5
2024-08-15	$45.34	$0.00	24.2%	6.9%	21.8%	14.2%	0.0%	0.9%	5.8%	952	-8.9K	-28	178.26	N/A	N/A	0	5
2024-08-16	$45.28	$0.00	24.1%	6.9%	21.7%	14.1%	0.0%	0.4%	-3.0%	279	-3.9K	-26	178.65	N/A	N/A	0	5
2024-08-19	$45.58	$0.00	22.8%	6.5%	21.4%	13.0%	23.4%	12.3%	-3.2%	287	-4.1K	-25	178.37	N/A	N/A	3	2
2024-08-20	$45.39	$47.00	25.3%	7.3%	21.2%	15.2%	0.0%	-0.2%	-3.0%	893	-9.1K	-40	178.17	N/A	N/A	0	5
2024-08-21	$45.67	$47.00	23.8%	6.8%	20.4%	13.9%	0.0%	15.4%	-3.3%	940	-9.6K	-41	177.99	N/A	N/A	0	5
2024-08-22	$45.64	$47.00	24.7%	7.1%	20.4%	14.7%	0.0%	-0.2%	-3.4%	914	-9.6K	-40	177.28	N/A	N/A	0	5
2024-08-23	$45.98	$47.00	24.6%	7.0%	20.2%	14.5%	0.0%	19.5%	-4.5%	981	-10.3K	-41	177.49	N/A	N/A	0	5
2024-08-26	$45.91	$47.00	26.0%	7.5%	20.2%	15.8%	0.0%	0.3%	-4.7%	948	-10.2K	-40	177.64	N/A	N/A	0	5
2024-08-27	$45.86	$47.00	26.3%	7.5%	20.2%	16.1%	0.0%	0.2%	-4.4%	956	-10.0K	-39	177.71	N/A	N/A	0	5
2024-08-28	$45.84	$47.00	26.6%	7.6%	19.9%	16.3%	0.0%	20.1%	-5.9%	966	-9.9K	-38	177.67	N/A	N/A	0	5
2024-08-29	$46.14	$47.00	27.1%	7.8%	18.2%	16.8%	0.0%	21.6%	-5.5%	995	-10.6K	-39	176.44	N/A	N/A	0	5
2024-08-30	$46.34	$47.00	28.5%	8.2%	14.6%	18.0%	0.0%	1.2%	-5.6%	981	-11.1K	-38	175.53	N/A	N/A	0	5